BUSINESS

Optima Bank saw profits quadruple in 2022

Optima Bank saw profits quadruple in 2022

Optima Bank said its 2022 profits quadrupled to reach 42.4 million euros, with all figures (deposits, loans and profits) recording a big increase in the first months of 2023, the bank’s management said during a general shareholders’ meeting on Thursday.

Deposits jumped 61.7% in 2022 to €2.2 billion, and surpassed the €2.5 billion level in May. The bank’s loan portfolio soared 64.5% to reach €1.7 billion in 2022, approaching €2 billion.

Profitability soared to €40.3 million (bank) and €42.4 million (group), while equity capital rose 61.8% to €253 million.

An extraordinary general shareholders’ meeting in March decided on the listing of the bank’s shares on the Athens Stock Exchange in the second half of 2023.

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